Well Chip Group Berhad
Well Chip Group Berhad, an investment holding company, engages in the provision of pawnbroking services, and retail and trading of jewelry and gold in Malaysia. It offers pawn loans in exchange for pledges, such as gold, jewelry, and watches. The company is also involved in the retail sale of new and pre-owned jewelry and gold, as well as sale of scrap gold acquired from unredeemed and bid pledge… Read more
Well Chip Group Berhad (5325) - Net Assets
Latest net assets as of September 2024: RM406.11 Million MYR
Based on the latest financial reports, Well Chip Group Berhad (5325) has net assets worth RM406.11 Million MYR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM653.33 Million) and total liabilities (RM247.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM406.11 Million |
| % of Total Assets | 62.16% |
| Annual Growth Rate | 40.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.11 |
Well Chip Group Berhad - Net Assets Trend (2020–2023)
This chart illustrates how Well Chip Group Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Well Chip Group Berhad (2020–2023)
The table below shows the annual net assets of Well Chip Group Berhad from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | RM367.68 Million | +114.02% |
| 2022-12-31 | RM171.79 Million | +14.12% |
| 2021-12-31 | RM150.54 Million | +14.04% |
| 2020-12-31 | RM132.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Well Chip Group Berhad's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 65.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM172.34 Million | 46.87% |
| Other Components | RM195.34 Million | 53.13% |
| Total Equity | RM367.68 Million | 100.00% |
Well Chip Group Berhad Competitors by Market Cap
The table below lists competitors of Well Chip Group Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PACIFIC CENTURY (PFQ.SG)
STU:PFQ
|
$3.04K |
|
Ingdan Inc
STU:7C3
|
$3.04K |
|
DATANG INTL POW -H-
MU:BJI
|
$3.04K |
|
Claritas Pharmaceuticals Inc
PINK:CLAZF
|
$3.04K |
|
Mdundo Com As
CO:MDUNDO
|
$3.03K |
|
VALE INDONESIA (XT3B.SG)
STU:XT3B
|
$3.03K |
|
267080
KO:267080
|
$3.03K |
|
BRIMSTONE INV CP-N-
BE:B2Y
|
$3.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Well Chip Group Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 171,795,000 to 367,677,000, a change of 195,882,000 (114.0%).
- Net income of 36,430,000 contributed positively to equity growth.
- Dividend payments of 4,848,000 reduced retained earnings.
- Other factors increased equity by 164,300,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM36.43 Million | +9.91% |
| Dividends Paid | RM4.85 Million | -1.32% |
| Other Changes | RM164.30 Million | +44.69% |
| Total Change | RM- | 114.02% |
Book Value vs Market Value Analysis
This analysis compares Well Chip Group Berhad's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.41x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RM0.22 | RM1.41 | x |
| 2021-12-31 | RM0.25 | RM1.41 | x |
| 2022-12-31 | RM0.29 | RM1.41 | x |
| 2023-12-31 | RM0.61 | RM1.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Well Chip Group Berhad utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.89%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.80x
- Recent ROE (9.91%) is below the historical average (16.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 25.46% | 27.58% | 0.40x | 2.30x | RM20.41 Million |
| 2021 | 15.92% | 23.52% | 0.30x | 2.22x | RM8.91 Million |
| 2022 | 15.34% | 16.67% | 0.36x | 2.53x | RM9.17 Million |
| 2023 | 9.91% | 17.89% | 0.31x | 1.80x | RM-337.70K |
Industry Comparison
This section compares Well Chip Group Berhad's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $476,534,598
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Well Chip Group Berhad (5325) | RM406.11 Million | 25.46% | 0.61x | $3.03K |
| YX Precious Metals Bhd (0250) | $122.44 Million | 12.63% | 0.34x | $2.49 Million |
| Poh Kong Holdings Bhd (5080) | $871.83 Million | 13.41% | 0.25x | $35.15 Million |
| Zhulian Corporation Bhd (5131) | $483.00 Million | 9.73% | 0.08x | $16.49 Million |
| Tomei Consolidated Bhd (7230) | $428.87 Million | 13.87% | 0.96x | $16.73 Million |